The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer'.
June 18, 2021The dividend announcements are in line with the central bank's requirements for banks to limit payouts to 50 percent of 2020 net profit.
March 18, 2021Restrictions on capital distributions in the initial phase of the Covid crisis were effective in increasing bank lending, says new analysis from the BIS.
March 14, 2021Where Boards are confident they can approve a dividend on the basis of robust stress testing results that have been discussed with APRA, it should be at a “materially reduced level”.
April 8, 2020